Quantitative Risk QA Consultant

Overview

Who We Are

Founded in 2007, DTI (Diversified Technology, Inc.) is a successful African American owned IT Consulting/Staffing firm based in Chicago's Loop.

We focus on providing delivery, staffing, and supported services such as enterprise integration/implementations including, but not limited to, CRM, EAM, ERP, PMO, and QA. We service clients in SLED (state/local gov't & education), financial services, fortune, public utility, as well as regularly partnering with Big 4 SI partners.

Are you a Quantitative Risk QA Consultant looking for your next contract? If so, we want to speak to you! DTI has an immediate need for a Quantitative Risk QA Consultant for a 12+ Months contract
. Must work on our W2.

Job Title: Quantitative Risk QA Consultant

Location: Chicago, IL

Duration: 12+ Months contract

Candidate will assist the Clearing Department on day-to-day activities in support of quant risk and IT teams. The Team in the Risk Management Department is responsible for developing, analyzing, and testing various Margin models across multiple asset classes for clearing initiatives.

Daily responsibilities include code release testing for all CMESC code releases, historical data validation, margin and stress testing model validation, and portfolio back-testing. The candidate must have the ability to efficiently, effectively, and independently conduct research, analyze problems, formulate and implement solutions, and produce high quality results on time.

• Strong quantitative and analytical background.
• Excellent programming, communication, and documentation skills.
• Knowledge of financial markets.
• Knowledge in advanced quantitative risk modeling and knowledge of statistical models in risk management preferred.
• Knowledge in advanced derivatives modeling and knowledge of volatility models preferred.
• Experience with programming languages such as C++/C#, R, VBA, and SQL is also required.
• Preference will be given to candidates who can demonstrate the best practices in developing risk models like Historical VaR, Monte Carlo VaR, Multi-Factor Risk Models, Stressed VaR, Liquidity Risk models, etc.

• Master's in Computer Science, Financial Engineering, Financial Mathematics, Mathematics, Physics, or a related discipline.

Pay rate: $51.75/hr depending on experience

Please click on the link below for our company benefits

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DTI is an Equal Opportunity Employer. We do not discriminate based on race, color, religion, sex, gender identity, sexual orientation, national origin, ancestry, age, disability, marital status, veteran status, or any other protected characteristic under Illinois state or federal law. All qualified applicants are encouraged to apply, and employment decisions are based solely on merit, qualifications, and business needs.